Mineralys Therapeutics (MLYS) Free Cash Flow (2022 - 2026)

Mineralys Therapeutics' (MLYS) quarterly Free Cash Flow came in at -$39.5 million in Q1 2026, up 13.23% year-on-year from -$34.9 million in Q1 2025, and down 4.06% quarter-over-quarter from -$37.9 million in Q4 2025.

Mineralys Therapeutics (MLYS) Free Cash Flow (2022 - 2026) Analysis & Trends

Mineralys Therapeutics has disclosed Free Cash Flow across 5 years of filings, most recently posting -$39.5 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$39.5 million, up 13.23% year-over-year; the trailing twelve-month figure through Mar 2026 was -$136.4 million (up 29.21% YoY), and the FY2025 annual result was -$142.4 million, up 14.41% from the prior year.
  • Free Cash Flow came in at -$39.5 million for Q1 2026 at Mineralys Therapeutics, down from -$37.9 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$5.5 million in Q2 2022 to a low of -$66.8 million in Q4 2024.
  • The 5-year median for Free Cash Flow is -$28.8 million (2025), against an average of -$27.0 million.
  • Across the five-year window, Free Cash Flow sank 272.76% in 2023 and soared 43.25% in 2025, its largest moves.
  • Mineralys Therapeutics' Free Cash Flow stood at -$10.2 million in 2022, then slumped by 184.52% to -$29.0 million in 2023, then slumped by 130.64% to -$66.8 million in 2024, then jumped by 43.25% to -$37.9 million in 2025, then retreated by 4.06% to -$39.5 million in 2026.
  • The last three Free Cash Flow figures came in at -$39.5 million (Q1 2026), -$37.9 million (Q4 2025), and -$28.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alterity Therapeutics 814,307.08 Bn 814,307.05 Bn - -
2 Belite Bio 55,320.00 Bn 55,320.00 Bn - -
3 Quantum Biopharma 17,149.72 Bn 17,149.72 Bn - -1.67 Mn
4 Legend Biotech 3,590.00 Bn 3,589.71 Bn 242.10 Mn -12.20 Mn
5 Akari Therapeutics 1,650.72 Bn 1,650.72 Bn - -2.49 Mn
6 Evaxion A 1,522.09 Bn 1,522.07 Bn - -
7 Psyence Biomedical 229.39 Bn 229.38 Bn - -
8 Vertex Pharmaceuticals 113.09 Bn 105.85 Bn 2.59 Bn 1.29 Bn
9 Abivax 90.15 Bn 90.15 Bn - 63,220.27
10 Mineralys Therapeutics 1.95 Bn 1.95 Bn - -39.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -39.47 Mn
Mar 31, 2026 -39.47 Mn
Dec 31, 2025 -37.93 Mn
Dec 31, 2025 -37.93 Mn
Sep 30, 2025 -28.80 Mn
Sep 30, 2025 -28.80 Mn
Jun 30, 2025 -30.21 Mn
Jun 30, 2025 -30.21 Mn
Mar 31, 2025 -45.49 Mn
Mar 31, 2025 -45.49 Mn
Dec 31, 2024 -66.84 Mn
Dec 31, 2024 -66.84 Mn
Sep 30, 2024 -50.22 Mn
Sep 30, 2024 -50.22 Mn
Jun 30, 2024 -30.15 Mn
Jun 30, 2024 -30.15 Mn
Mar 31, 2024 -19.20 Mn
Mar 31, 2024 -19.20 Mn
Dec 31, 2023 -28.98 Mn
Dec 31, 2023 -28.98 Mn